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FTSE 100 Tumbles Ahead Of BoE Rate Decision
(RTTNews) - U.K. stocks fell sharply on Thursday ahead of the Bank of England rate announcement due at noon. Analysts expect another 25-bps rate hike coupled with cautious commentary around the economy.
The benchmark FTSE 100 was down 141 points, or 1.9 percent, at 7,132 after closing 1.2 percent higher on Wednesday.
Fashion retailer ASOS plunged 27 percent and rival Boohoo slumped 18 percent after both reported slowing sales.
CRH, a building materials business, fell 2.6 percent after it has entered into arrangements with UBS A.G., London Branch to repurchase shares on CRH's behalf for up to $300 million.
BHP shares fell over 2 percent. The miner announced it will retain New South Wales Energy Coal in its portfolio.
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Australian Market Notably Lower
The Australian stock market is trading notably lower on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness across most sectors led by mining and technology stocks.
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1時9分前
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Monday.
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1時10分前
Losing Streak May Continue For China Stock Market
The China stock market has finished lower in back-to-back sessions, slumping almost 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,970-point plateau and it may take further damage again on Tuesday.
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1時11分前
RBA Minutes: Global Growth Likely To Slow In H2 2025
Members of the Reserve Bank of Australia's Monetary Policy Board felt that the country's economic growth was expected to slow in the second half of 2025, minutes from the central bank's November 4 monetary policy meeting revealed on Tuesday.
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1時25分前
Taiwan Bourse May Hand Back Monday's Gains
The Taiwan stock market on Monday wrote a finish to the two-day slide in which it had given up almost 550 points or 2 percent. The Taiwan Stock Exchange now sits just beneath the 27,450-point plateau although it's expected to open in the red on Tuesday.
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1時41分前
Singapore Shares May Take Further Damage On Tuesday
The Singapore stock market has finished lower in consecutive trading days, shedding more than 30 points or 0.6 percent along the way. The Straits Times Index now sits just above the 4,540-point plateau and it may extend its losses on Tuesday.
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2時11分前
Little Movement Seen For Malaysia Stock Market
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,625-point plateau and it's likely to remain rangebound again on Tuesday.
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2時41分前
Continued Consolidation Called For Japan Stock Market
The Japan stock market has finished lower in back-to-back sessions, shedding more than 940 points or 1.9 percent along the way. The Nikkei 225 now rests just above the 50,320-point plateau and it's expected to open under pressure again on Tuesday.
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2時56分前
